Is bitcoin really a hedge against inflation?

My question to all the experts is that when the money supply inflates, does the price of bitcoin inflate with it?

If the bitcoin price didn’t move a.k.a. more people didn’t put money in it, but the US dollar was increasing in supply, does the price of bitcoin still go up? Or does the price of one bitcoin become less valuable?

I’ve heard of people on YouTube talk about this and my current opinion is that the only reason bitcoin is a hedge against inflation is because the price goes up and new people put money in it.

I don’t think the bitcoin price holds its value when there is money being printed, but with no new buyers.

If anyone can answer this question and tell me why I would love to know .